Why Netflix's Stock Is Trading Higher Today

Netflix NFLX shares were trading higher on Wednesday.

A survey by Jefferies analysts showed international customers would be willing to pay more for the service. The strength also potentially due to concerns of a resurgence in coronavirus cases, which could be a positive catalyst for streaming services and other at-home entertainment platforms.

Netflix shares were trading up 3.01% at $449.24 at the time of publication on Wednesday. The stock has a 52-week high of $458.97 and a 52-week low of $252.28.

Related Link:

Netflix Reports Q1 Sales Beat, Streaming Subscriptions Up 22.8%